Definition of Savings

Savings is the money a person has left over when they subtract their consumer spending from their disposable income over a given time period. Savings can be used to increase income through investing.Savings refers to the amount left over after an individual’s consumer spending is subtracted from the amount of disposable income earned in a…

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19 Personal Financial Ratios You Need to Know

19 Personal Financial Ratios You Need to Know

Share this…If you want to evaluate your personal financial position, you can use the personal financial ratios which are comparisons of the financial statistics and are calculated by dividing one number by another. These personal financial ratios examine and measure the relationships between two different items. Your personal financial statements provide you with an indication of your financial…

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